Do you think that fetching profitable business ideas in Bihar is too tricky, then I will prove you wrong by providing you with some scalable business ideas in Bihar which you can execute with low investment to high investment.
Well, Bihar was not as it was 8-10 years ago, Bihar has been developing itself like Gujarat, and there are many opportunities of generating a lot of revenue by executing the startup ideas.
The literacy rate has been increasing day by day in Bihar which is revolting the people’s minds, and they are diverting to business ideas.
With the establishment of more business, the ratio of employment has also been increasing which is a good sign for any region.
Well, the moral of the story is that it’s advisable for small business ideas in Bihar, which can be transformed into a scalable and profitable business later on.
We are going to explore the new business ideas in Bihar in this article that will encourage you to start your own business by implementing a proper strategy.
1. Beauty Parlor Business – Best Low Investment Business Ideas in Bihar For Women
India is running too many campaigns to develop India like Make in India, and another one is women empowerment.
Women empowerment is not limited to getting a job in a company, women are supposed to run their own business and provide employment to other ladies as well.
The beauty parlor business is one of the most selected and convenient business ideas for women anywhere in India.
Talking only about Bihar, if you are a woman and have skills in a beauty parlor, you should not think twice before executing this low investment business idea in Bihar.
The major benefit of the beauty parlor business is that this business is inventory management plus service business.
The inventory part is minute and service part is major, and the service sector does not have a fixed profit margin, you can charge according to your work and time.
Along with the beauty parlor business, you can sell cutlery items for ladies with a very good profit margin which can be your side income from the beauty parlor business in Bihar.
Seeking the small business ideas in Bihar opens various ways for establishing a small but long-lasting business.
2. Mini Super Store For Home Appliances and Groceries
If you are looking for the best business ideas in the Bihar village area and urban areas as well, have you not thought about the super store for home appliances and groceries business?
Groceries are things which are being used in people’s life everyday and every minute.
But you are supposed to execute it in advanced ways, I have shared many times that business is not great in itself, your business idea makes the business greater.
Instead of opening a traditional shop of groceries, you should adopt a different approach of opening a mini store for home appliances and groceries items in Bihar.
There is a very wide difference in both business types, in a super store concept, customers are free to pick the thing that they want and it affects their psychology.
They feel that they are not making a purchase, they are selecting the groceries from their own home from any corner of it.
You should not stop by just opening a mini super store, but integrate the home delivery service as well to your nearby area at free of cost with terms and conditions.
If you want to provide the home delivery out of your territory, you can tie up with the online groceries delivery agencies like big basket as well.
3. Digital Marketing Entrepreneur
The word “entrepreneur” may confuse you that we are talking about the small business idea in Bihar, how we can become an entrepreneur, right?
Yes, but digital marketing is the business idea that can make you an entrepreneur in a certain time focusing on it with consistency.
Investment is not much more to run a digital marketing business if you do have enough and proper knowledge about the digital marketing.
If you do not have enough knowledge of digital marketing, it’s not a big deal because there are several free and paid legit sources from which you can learn digital marketing completely.
In the beginning, you are supposed to start a digital marketing agency as an individual, and along with the enhancement of the customer base, increase the team and after a significant success, start a private limited digital marketing agency.
Running a digital marketing agency is one of the best online business ideas in Bihar, as there are a very few digital marketing agencies in Bihar to provide the coaching.
At the other end, you can grab the clients who want to run digital marketing campaigns for their local or global business.
They will approach you to run the ads on behalf of them like Facebook Ads, Google Ads, and other social media ads.
It generates a very higher revenue in comparison to the traditional marketing strategies.
If you have a very high budget for investment capital to execute the most profitable business ideas in Bihar, you should go for a franchise model business.
4. Take a Franchise of Already Reputed Business
Do you know why any business can not generate a higher revenue or profit from the first month, or first day?
Because a new business does not have enough trustworthiness and reputation which can make the people feel secure with it.
For some of these reasons, people avoid connecting with the new business until they do not have another option.
If you want the reverse of it, it means if you want a good profit margin from the first month from the business, you would have to pay something, is it right?
There is also a good option to manifest this idea, you can adopt a franchise of an already reputed business.
There is none of a business sector which does not include a franchise model, the tea business, milk business, grocery business, vegetable business, and almost all other sectors have the franchise concept.
Franchise business ideas in Bihar are quite new in the current trend and it’s the biggest beneficial aspect of franchise business ideas in Bihar.
You would have to analyse your area to conclude about which franchise business you start in Bihar, because it is proportional to the people’s requirements.
For example, if you conclude that the tea business is too good for your area, you can adopt a chai sutta bar franchise.
If you found that the meat business is very trending, and people are facing some unsolvable issues with the merchants, you can start a licious franchise and solve the problems of people.
5. Content Creating Business
Another one of the most scalable online business ideas in Bihar for you is ready!
Yes, Content Creation business is a very potential business idea for Bihar because there are very few companies and individuals that are providing such a service.
If you do have mastery of any of the online tools like content writing, video creation, ad creation, image editing and creation, you can start an online business of your own in Bihar.
Whether you are thinking about the income sources of this one of the low investment business ideas in bihar, then let me open a book that there are multiple revenue sources in this business idea.
Either you can start a content creation business as a freelancer or you can tie up with a company which is providing a digital marketing service, and you can also do both.
Association with a company will have potential to provide you the work regularly, and individual freelancing work will generate a side income for you.
6. Paper Bag Making Business
For a long time, the government has banned the use of plastic materials, and that’s why there is a huge opportunity in the paper business.
Paper Bag, Paper Plates making business one of the most scalable business ideas in Bihar as it has a bright future with opportunities.
The current trend also supports the utilization of materials which do not affect the environment cycle.
Another reason behind suggesting the paper making business is that this business idea contains a low investment which is affordable by a middle class person as well.
By distributing the paper bags all over India in wholesale as well as retail by associating with B2B sites and ecommerce sites, you can generate multiple sources of revenue.
7. Cafe And Restaurant
Do you think that opening a cafe and restaurant business is too old and will not work due to high competition?
If so, then let me let you know that there were old days when some big and old restaurants were dominating the market of food business.
Nowadays, the world has been compressed by technology, people can have the tasty food of their favorite restaurant which is 10 km away in just one hour.
Cafe is one of the most favorite places of youth in India, where you can offer the multi items which are becoming favorites of the youth.
Along with it, restaurant business will generate the revenue from the multiple sources, by the walk-in customers, and by tieing up with online food delivery partners.
There are some legalities and license processes that you would have to follow before starting the restaurant business in Bihar.
You may require a little bit more investment to start a restaurant business, hence it depends on your business cap.
It could also be started with a low investment around 60,000 to 80,000 if you want to start on a small scale.
8. Homemade Pickle Business
You would find a single corner in India in a very rare case where the Pickle is not being eaten with a regular meal, am I right?
Pickle is one of the oldest and traditional eating items of India for centuries and there are many variants in pickle as well.
Business idea of Pickle has a very huge scope to enhance the customers base and there are several sources to fetch the customers.
You can distribute your homemade pickle in your local territory, other cities, and other states as well, if it is not enough, you can export it abroad as well with a very high profit margin.
This is one of the best startup ideas in Bihar with a very low investment and less manpower from home.
The profit margin of pickle business is quite high so that you can rotate the profit in business again.
9. Garment Re-Selling Business
I am not suggesting this most profitable business on the basis of research, I am suggesting this business idea on the basis of my own experience.
I run multiple businesses along with making blogs for business ideas, and I have many buyers and sellers in Bihar.
I am strongly sure that the garment reselling business is the most profitable business in Bihar, in terms of profit, sustainability and scalability.
Along with the profitability, I put this business in the category of low investment business ideas in Bihar, as you will need a maximum 15,000 rupees as an investment to start the business of garment reselling.
Garment industry is a very huge industry in itself, there are multiple variants in the clothing business, you can opt any of them, or else you can also elect multiple niches to run the clothing business.
Conclusion on Best Business Ideas in Bihar
As a conclusion, I would say that if you are still thinking about starting up any business in Bihar, you are missing a huge potential of earning from the Indian population.
Globalization of any business is too easy nowadays with the assistance of technology, if you are not taking the benefit of it, it will make you regret later.
Make a proper plan to execute any of the most profitable business ideas in Bihar, do a deep market research, arrange a budget for investment and start a business with the help of a mentor.
I suggest you do not start your first business without a mentor even if you have a deep theoretical knowledge of that business.